Select the statement that is true regarding Maslow's need hierarchy.

A. It states that once a need is satisfied, it acts as a powerful motivator.
B. It is a complex and altogether accurate theory of motivation.
C. It states that people are motivated to satisfy the higher needs before they try to satisfy the lower needs.
D. It sensitizes managers to the importance of personal growth.
E. It postulates that people have three basic sets of needs that can operate simultaneously.


Answer: D

Business

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The buyer and seller must act in good faith in the performance of a sales contract.

Answer the following statement true (T) or false (F)

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The two broad categories of resources typically considered during planning and SWOT analysis are tangible assets and intangible assets. List two examples of tangible assets and two examples of intangible assets available to or used by an organization. Describe under what circumstances resources can be a source of competitive advantage.

What will be an ideal response?

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Locke and Rawls are contractarians

Indicate whether the statement is true or false

Business

Santa Fe Company was started on January 1, Year 1, when it acquired $9,000 cash by issuing common stock. During Year 1, the company earned cash revenues of $4,500, paid cash expenses of $3,750, and paid a cash dividend of $250. Which of the following is true based on this information?

A. The Year 1 statement of cash flows would show net cash inflow from operating activities of $4,500. B. The Year 1 statement of cash flows would show a net cash inflow from financing activities of $8,750. C. The December 31, Year 1 balance sheet would show total equity of $8,750. D. The Year 1 income statement would show net income of $500.

Business